logo
#

Latest news with #Döpfner

Trump's German cheerleader finally sees the light
Trump's German cheerleader finally sees the light

New European

time03-03-2025

  • Automotive
  • New European

Trump's German cheerleader finally sees the light

He has spoken supportively of Trump, arranged for Elon Musk to write a pro-AfD editorial for an Axel Springer paper, and has otherwise tried to ingratiate himself with Trump and his circle, even before doing so was fashionable. The Trump headaches are just not going away for Matthias Döpfner, CEO and majority owner of German publishing giant Axel Springer. Döpfner, who owns brands including Politico and Business Insider alongside German newspaper icons Bild and Die Welt – has always been more receptive to MAGAworld than most Europeans. But even Döpfner, it seems, has a line. The executive has written an editorial under his own byline in Die Welt, saying outright that Volodymyr Zelensky should not have been 'thrown out of the White House like a schoolboy who hasn't done his homework', adding that this was no way for a country that has been invaded to be treated by an ally – unless that ally 'has changed sides'. Döpfner might have arrived late to Trump alarmism – if only there had been someone to warn him – but his editorial is at least stark. Trump's America is sacrificing Ukraine… for a transactional 'America First' and 'America Only' strategy,' he concludes. 'If Europe abandons Ukraine, Europe will fall.' As they used to say during Trump's first term: Matthias Döpfner… welcome to the resistance?

Politico's Owner Calls JD Vance's Anti-Europe Speech ‘Inspiring'
Politico's Owner Calls JD Vance's Anti-Europe Speech ‘Inspiring'

Yahoo

time20-02-2025

  • Business
  • Yahoo

Politico's Owner Calls JD Vance's Anti-Europe Speech ‘Inspiring'

Vice President JD Vance's blistering speech condemning Europe over its approach to free speech last week angered many of the European leaders in the audience. But to the German owner of Politico and Business Insider, Vance delivered an 'inspiring message' by lecturing leaders about how their approach to free speech was a greater threat than Russia and China. Axel Springer CEO Mathias Döpfner told the Financial Times Vance simply wanted Europe to define its values as the Trump administration began to work with its leaders. For European lawmakers to misconstrue his speech at the Munich Security Conference suggests they 'intentionally misunderstood' his message. 'Honestly, I think it's an inspiring message,' he told the Times. 'You don't have to take everything literally, but you should try to take it seriously. And [the fact] that most of the Europeans just reacted . . . in a kind of whiny tone—I think that is unsmart, it's unstrategic and it's even dangerous because we need a transatlantic security alliance and we need a transatlantic trade relationship.' Döpfner, who has been criticized for his soft rhetoric toward Trump and attacks on Muslims in private, also dismissed the administration's barrage of attacks on government subscriptions to Politico as a 'misunderstanding' that he hoped would be cleared up soon. Elon Musk and his Department of Government Efficiency have tried to characterize the subscriptions to Politico's subscription model as a form of government subsidization. The Trump administration has since ordered all government subscriptions to newspapers to be canceled. 'For me, it's almost funny, after two and a half decades being portrayed in Germany as the centre of the rightwing conspiracy, I'm now portrayed in America as the center of a leftwing conspiracy,' Döpfner said. 'Honestly, that's exactly the position where an independent publisher should be.' Elsewhere in the interview, Döpfner said he would explore buying The Wall Street Journal should fellow billionaire Rupert Murdoch put it up for sale amid his blistering family-fracturing drama. But he didn't have high hopes. 'The likelihood that we would really buy it, that we would get it, is close to zero,' he admitted, but he called the Journal 'two super brands in the world that I'm very passionate about.' The other: The Financial Times, which he failed to buy in 2015.

CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'
CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'

CNN

time07-02-2025

  • Business
  • CNN

CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'

The chief executive of Politico's parent company pushed back hard against a debunked right-wing conspiracy theory that has been buoyed by the Trump administration concerning the publication, telling CNN that Politico has never accepted any form of federal funding. 'Politico, since its launch 18 years ago, has never taken a cent of government subsidies or state funding,' said Mathias Döpfner, CEO of Axel Springer, in a yet-to-air interview with CNN's Fareed Zakaria. Döpfner, who owns a 22% stake in the German publishing giant, called the Trump administration's claims that Politico had accepted USAID funding 'absolutely wrong.' Döpfner said a bogus far-right conspiracy theory claiming Politico has received over $8 million in USAID funds was a 'fundamental misunderstanding' of the outlet's business model. 'So, people are paying for that [Politico Pro] because they need the service,' Döpfner said. 'It's not subsidies, it's capitalism.' Politico offers much of its content for free, but it also offers a premium subscription model — Politico Pro — which comes with a hefty price tag. Its free offering is aimed at a wider audience, and the outlet's premium subscription, which offers real-time data and legislative analyses, primarily caters to the private sector and government officials. Politico Pro currently includes some 5,000 subscribers, around 6% of which are government subscribers, per Döpfner. And of that 6%, 'a tiny little fraction' is from USAID subscribers, he said. Though reporters quickly pointed out that the funds were not a federal handout, the White House on Wednesday announced it would cancel its Politico subscriptions, with Karoline Leavitt, the Trump administration's press secretary, buoying the false narrative. Leavitt on Wednesday said that taxpayers had been 'essentially subsidizing subscriptions to Politico on the American taxpayers' dime.' 'The DOGE team is working on canceling those payments now,' Leavitt said on Wednesday. President Trump Thursday morning further perpetuated the misinformation, posting on his Truth Social platform, 'LOOKS LIKE BILLIONS OF DOLLARS HAVE BEEN STOLLEN AT USAID, AND OTHER AGENCIES, MUCH OF IT GOING TO THE FAKE NEWS MEDIA AS A 'PAYOFF' FOR CREATING GOOD STORIES ABOUT THE DEMOCRATS.' Döpfner rejected that falsehood: 'This whole thing is not a scandal,' he told Zakaria. If Politico's premium subscription is no longer helping make the government efficient, Döpfner said the government has a prerogative to end payments, saying, 'that's the free market.' But he also said it's important to remember that federal employees are subscribed to other news outlets. 'They also subscribed to cable networks or they subscribe to Bloomberg Terminals,' Döpfner said. 'I mean, then the whole Bloomberg business or all other companies that would have contracts with government employees would be considered to be subsidized.' That may be changing, although it remains to be seen whether the government follows through on its cancellation threats. Since Trump's morning Truth Social post, the White House has directed the General Services Administration to 'cancel every single media contract today,' calling out Politico, BBC, E&E News by Politico, and Bloomberg by name, according to Axios. Although the email obtained by Axios specifies directions for the GSA, it's unknown whether other agencies have received similar instructions. Döpfner is no stranger to political attacks. Axel Springer, which acquired Politico for more than $1 billion in 2021, owns several other media publishers, including Politico Europe, Business Insider, and a handful of German publications. In Europe, the German publishing giant's media holdings are known for their conservative lean. 'In the United States, we are perceived to be part of a left-wing conspiracy,' Döpfner said. 'For me, it's important — as long as we are criticized by the left, by the right, that's fine. When only one party is criticizing you, then I shall get worried.' But it's still worrying that the outlet — a Beltway favorite across the aisle whose Playbook is considered by many in government to be a must-read — is facing unsubstantiated attacks. In Thursday's edition of Politico's Playbook PM, the outlet continued to to set the record straight. 'We have never received any government funding — no subsidies, no grants, no handouts. Not one dime, ever, in 18 years,' Bethany Irvine wrote. Any government agencies that subscribe to Politico Pro do so via standard procurement processes, Irvine wrote, calling the move 'a transaction' and 'not funding.'

CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'
CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'

Yahoo

time06-02-2025

  • Business
  • Yahoo

CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'

The chief executive of Politico's parent company pushed back hard against a debunked right-wing conspiracy theory that has been buoyed by the Trump administration concerning the publication, telling CNN that Politico has never accepted any form of federal funding. 'Politico, since its launch 18 years ago, has never taken a cent of government subsidies or state funding,' said Mathias Döpfner, CEO of Axel Springer, in a yet-to-air interview with CNN's Fareed Zakaria. Döpfner, who owns a 22% stake in the German publishing giant, called the Trump administration's claims that Politico had accepted USAID funding 'absolutely wrong.' Döpfner said a bogus far-right conspiracy theory claiming Politico has received over $8 million in USAID funds was a 'fundamental misunderstanding' of the outlet's business model. 'So, people are paying for that [Politico Pro] because they need the service,' Döpfner said. 'It's not subsidies, it's capitalism.' Politico offers much of its content for free, but it also offers a premium subscription model — Politico Pro — which comes with a hefty price tag. Its free offering is aimed at a wider audience, and the outlet's premium subscription, which offers real-time data and legislative analyses, primarily caters to the private sector and government officials. Politico Pro currently includes some 5,000 subscribers, around 6% of which are government subscribers, per Döpfner. And of that 6%, 'a tiny little fraction' is from USAID subscribers, he said. Though reporters quickly pointed out that the funds were not a federal handout, the White House on Wednesday announced it would cancel its Politico subscriptions, with Karoline Leavitt, the Trump administration's press secretary, buoying the false narrative. Leavitt on Wednesday said that taxpayers had been 'essentially subsidizing subscriptions to Politico on the American taxpayers' dime.' 'The DOGE team is working on canceling those payments now,' Leavitt said on Wednesday. President Trump Thursday morning further perpetuated the misinformation, posting on his Truth Social platform, 'LOOKS LIKE BILLIONS OF DOLLARS HAVE BEEN STOLLEN AT USAID, AND OTHER AGENCIES, MUCH OF IT GOING TO THE FAKE NEWS MEDIA AS A 'PAYOFF' FOR CREATING GOOD STORIES ABOUT THE DEMOCRATS.' Döpfner rejected that falsehood: 'This whole thing is not a scandal,' he told Zakaria. If Politico's premium subscription is no longer helping make the government efficient, Döpfner said the government has a prerogative to end payments, saying, 'that's the free market.' But he also said it's important to remember that federal employees are subscribed to other news outlets. 'They also subscribed to cable networks or they subscribe to Bloomberg Terminals,' Döpfner said. 'I mean, then the whole Bloomberg business or all other companies that would have contracts with government employees would be considered to be subsidized.' That may be changing, although it remains to be seen whether the government follows through on its cancellation threats. Since Trump's morning Truth Social post, the White House has directed the General Services Administration to 'cancel every single media contract today,' calling out Politico, BBC, E&E News by Politico, and Bloomberg by name, according to Axios. Although the email obtained by Axios specifies directions for the GSA, it's unknown whether other agencies have received similar instructions. Döpfner is no stranger to political attacks. Axel Springer, which acquired Politico for more than $1 billion in 2021, owns several other media publishers, including Politico Europe, Business Insider, and a handful of German publications. In Europe, the German publishing giant's media holdings are known for their conservative lean. 'In the United States, we are perceived to be part of a left-wing conspiracy,' Döpfner said. 'For me, it's important — as long as we are criticized by the left, by the right, that's fine. When only one party is criticizing you, then I shall get worried.' But it's still worrying that the outlet — a Beltway favorite across the aisle whose Playbook is considered by many in government to be a must-read — is facing unsubstantiated attacks. In Thursday's edition of Politico's Playbook PM, the outlet continued to to set the record straight. 'We have never received any government funding — no subsidies, no grants, no handouts. Not one dime, ever, in 18 years,' Bethany Irvine wrote. Any government agencies that subscribe to Politico Pro do so via standard procurement processes, Irvine wrote, calling the move 'a transaction' and 'not funding.'

CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'
CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'

CNN

time06-02-2025

  • Business
  • CNN

CEO of Politico's parent company to Trump: ‘It's not subsidies; it's capitalism'

The chief executive of Politico's parent company pushed back hard against a debunked right-wing conspiracy theory that has been buoyed by the Trump administration concerning the publication, telling CNN that Politico has never accepted any form of federal funding. 'Politico, since its launch 18 years ago, has never taken a cent of government subsidies or state funding,' said Mathias Döpfner, CEO of Axel Springer, in a yet-to-air interview with CNN's Fareed Zakaria. Döpfner, who owns a 22% stake in the German publishing giant, called the Trump administration's claims that Politico had accepted USAID funding 'absolutely wrong.' Döpfner said a bogus far-right conspiracy theory claiming Politico has received over $8 million in USAID funds was a 'fundamental misunderstanding' of the outlet's business model. 'So, people are paying for that [Politico Pro] because they need the service,' Döpfner said. 'It's not subsidies, it's capitalism.' Politico offers much of its content for free, but it also offers a premium subscription model — Politico Pro — which comes with a hefty price tag. Its free offering is aimed at a wider audience, and the outlet's premium subscription, which offers real-time data and legislative analyses, primarily caters to the private sector and government officials. Politico Pro currently includes some 5,000 subscribers, around 6% of which are government subscribers, per Döpfner. And of that 6%, 'a tiny little fraction' is from USAID subscribers, he said. Though reporters quickly pointed out that the funds were not a federal handout, the White House on Wednesday announced it would cancel its Politico subscriptions, with Karoline Leavitt, the Trump administration's press secretary, buoying the false narrative. Leavitt on Wednesday said that taxpayers had been 'essentially subsidizing subscriptions to Politico on the American taxpayers' dime.' 'The DOGE team is working on canceling those payments now,' Leavitt said on Wednesday. President Trump Thursday morning further perpetuated the misinformation, posting on his Truth Social platform, 'LOOKS LIKE BILLIONS OF DOLLARS HAVE BEEN STOLLEN AT USAID, AND OTHER AGENCIES, MUCH OF IT GOING TO THE FAKE NEWS MEDIA AS A 'PAYOFF' FOR CREATING GOOD STORIES ABOUT THE DEMOCRATS.' Döpfner rejected that falsehood: 'This whole thing is not a scandal,' he told Zakaria. If Politico's premium subscription is no longer helping make the government efficient, Döpfner said the government has a prerogative to end payments, saying, 'that's the free market.' But he also said it's important to remember that federal employees are subscribed to other news outlets. 'They also subscribed to cable networks or they subscribe to Bloomberg Terminals,' Döpfner said. 'I mean, then the whole Bloomberg business or all other companies that would have contracts with government employees would be considered to be subsidized.' That may be changing, although it remains to be seen whether the government follows through on its cancellation threats. Since Trump's morning Truth Social post, the White House has directed the General Services Administration to 'cancel every single media contract today,' calling out Politico, BBC, E&E News by Politico, and Bloomberg by name, according to Axios. Although the email obtained by Axios specifies directions for the GSA, it's unknown whether other agencies have received similar instructions. Döpfner is no stranger to political attacks. Axel Springer, which acquired Politico for more than $1 billion in 2021, owns several other media publishers, including Politico Europe, Business Insider, and a handful of German publications. In Europe, the German publishing giant's media holdings are known for their conservative lean. 'In the United States, we are perceived to be part of a left-wing conspiracy,' Döpfner said. 'For me, it's important — as long as we are criticized by the left, by the right, that's fine. When only one party is criticizing you, then I shall get worried.' But it's still worrying that the outlet — a Beltway favorite across the aisle whose Playbook is considered by many in government to be a must-read — is facing unsubstantiated attacks. In Thursday's edition of Politico's Playbook PM, the outlet continued to to set the record straight. 'We have never received any government funding — no subsidies, no grants, no handouts. Not one dime, ever, in 18 years,' Bethany Irvine wrote. Any government agencies that subscribe to Politico Pro do so via standard procurement processes, Irvine wrote, calling the move 'a transaction' and 'not funding.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store